July 03, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan’s trade deficit reduced by 12.3% YoY to $24.09bn in fiscal year 2023-24 as compared to a deficit of $27.47bn in the previous year. Read more
The beginning of FY25 marked the debut of a hot-off-the-press finance bill, making waves from boardrooms to breakfast tables. Read more
In an initiative to increase regulatory duty on the import of 657 luxury and non-essential items, the federal government has imposed a 25% duty on milk . Read more
Total cement despatches edged 1.6% higher to 45.29m tons during fiscal year 2023-24 as against 44.58m tons despatched during last fiscal year. Read more
The government on Sunday increased gas rates for industrial captive power units by Rs250 or 9.1% per unit with effect from July 01, 2024. Read more
The sales of oil marketing companies (OMCs) decreased by 8% YoY in fiscal year 2023-24 to 15.28 million Metric Tons. Read more
The benchmark KSE-100 index concluded Tuesday’s trading session at 79,552.88, showing a an increase of 728.55 points or 0.92%. Read more
The Pakistani rupee (PKR) depreciated by 3.62 paisa against the US dollar in Tuesday’s interbank session as the currency settled the trade at PKR 278.38. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, rose by Rs28.22 billion WoW to Rs35.13 trillion as of June 21, 2024. Read more
The government of Pakistan has acquired an additional debt of Rs74.2 billion during the week ended June 21, 2024, which brings its total net borrowing. Read more
Overseas Investors Chamber of Commerce and Industry’s member companies have invested Rs13 billion in 2022-2023 in local communities. Read more
Pakistan Petroleum Limited (PSX: PPL) has made a gas discovery from the exploratory well Tor-1 in Latif Block, located in Khairpur District, Sindh. Read more
Given the federal government’s approval to export 150,000 MT of sugar, the State Bank of Pakistan (SBP) has issued certain conditions to Authorized Dealers. Read more
The VIS Credit Rating Company (VIS) has upgraded the entity ratings of The Organic Meat Company Limited (TOMCL) to ‘A/A¬1’ from ‘A-/A-2’. Read more
The federal government has levied a 10% regulatory duty on the import of Motor Spirit and High-Speed diesel oil. Read more
Citi Pharma Limited (PSX: CPHL) has entered into an agreement with Murli Krishna Pharma Private Ltd. Read more
The federal government has levied a regulatory duty of up to 35% on various types of seafood, effective from July 1, 2024. Read more
The federal government has levied a 50% regulatory duty on the import of dog and cat food intended for retail sale. Read more
Federal Minister Ataullah Tarar on Monday stated that the increase in the maximum limit of the petroleum levy (PL) on petroleum products is a contingency plan. Read more
Oil traded near a two-month high, breaking out of its recent trading range due to escalating tensions in the Middle East and concerns. Read more
Copyright Mettis Link News
Posted on: 2024-07-03T06:00:00+05:00
